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Horace Mann Educators HMN Limited-Pay Whole Life — Change in cash flow assumptions

Other product segments

Experience life
$0
SPIA (life contingent)
$0
Term Life
$0

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Other financials

Income statement

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Revenue$443.5M+7.7%
Net income$41.6M+41.5%
EPS (diluted)$1.01+42.3%

Balance sheet

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Cash & equivalents$46.2M+13.0%
Total debt$594.2M+8.5%
Total equity$1.5B+10.5%
Total assets$15.6B+5.9%

Cash flow

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Operating cash flow$223.7M+70.4%

Valuation

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Market cap$2.1B+21.9%
Enterprise value$2.65B+18.7%
P/E11.9×-0.5×
P/S1.2×+0.2×

Profitability

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Net margin10.2%+1.7pp

Returns & leverage

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Return on equity12.4%+1.5pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedNetPremiumCumulativeIncreaseDecreaseFromCashFlowChange.

The source filing: Horace Mann Educators’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000850141-26-000033
($ in millions)Whole LifeTerm LifeExperience Life(1)Limited-Pay Whole LifeSupplemental Health(2)SPIA (life contingent)
Balance at April 1, 2026$222.2$242.8$64.6$34.0$187.2
April 1, 2026 balance at original discount rate252.4259.963.235.9215.7
Effect of:
Change in cash flow assumptions
Actual variances from expected experience(0.4)(0.1)(0.8)1.4
Adjusted balance at April 1, 2026252.0259.862.435.9217.1
Issuances(3)2.85.50.54.7
Interest accruals(4)2.12.80.90.31.8

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's limited-pay whole life — change in cash flow assumptions?
Horace Mann Educators (HMN) reported limited-pay whole life — change in cash flow assumptions of $0 in Q1 2026.
What does limited-pay whole life — change in cash flow assumptions mean?
This metric captures the financial impact resulting from updates to the projected cash flow assumptions for the limited-pay whole life segment. It reflects changes in management's expectations regarding future policyholder behavior, mortality, or expense patterns. Significant fluctuations here indicate shifts in the underlying risk profile of the insurance portfolio.

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